Vanguard Natural Resources, LLC (VNR) continued its downward trend with the stock declining -6.1% or $-0.01 to close the day at $0.2 on active trading volume of 5.31M shares, compared to its three month average trading volume of 4M. The Houston Texas 77057 based company has been underperforming the oil & gas drilling & exploration group over the past 52 weeks, with the stock losing -89.8%, compared to the industry which has advanced 112.9% over the same period. With RSI of 25.67, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.
Vanguard Natural Resources, LLC, through its subsidiaries, acquires and develops oil and natural gas properties in the United States. It owns properties, and oil and natural gas reserves primarily located in 10 operating basins, including the Green River Basin in Wyoming; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana, Mississippi, and Alabama; the Anadarko Basin in Oklahoma and North Texas; the Piceance Basin in Colorado; the Big Horn Basin in Wyoming and Montana; the Arkoma Basin in Arkansas and Oklahoma; the Williston Basin in North Dakota and Montana; the Wind River Basin in Wyoming; and the Powder River Basin in Wyoming. As of December 31, 2015, the company had total estimated proved reserves of 2,289.3 million barrels of oil equivalent, as well as owned working interests in 14,459 gross productive wells and approximately 881,508 gross undeveloped acres. Vanguard Natural Resources, LLC was founded in 2006 and is headquartered in Houston, Texas. On February 1, 2017, Vanguard Natural Resources, LLC, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
Hersha Hospitality Trust (HT) retreated with the stock falling -2% or $-0.43 to close at $21.03 on active trading volume of 5.26M compared its three months average trading volume of 408.64K. The Harrisburg Pennsylvania 17102 based company operating under the REIT – Hotel/Motel industry has been trending up for the last 52 weeks, with the shares price now 27.83% up for the period and up by 0.05% so far this year. With price target of $20.45 and a 44.79% rebound from 52-week low, Hersha Hospitality Trust has plenty of upside potential, making it a hold with a view buy.
Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of mid scale limited service hotels in the Eastern United States. As of June 30, 2005, it owned interests in 35 hotels, including 4 hotels owned through joint ventures in Pennsylvania, New York, New Jersey, Maryland, Georgia, Connecticut, and Massachusetts. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, Hersha would not be subject to income tax to the extent it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1998 and is headquartered in New Cumberland, Pennsylvania.
Glu Mobile Inc. (GLUU) continued its downward trend with the stock declining -2.29% or $-0.05 to close the day at $2.13 on higher than average trading volume of 5.02M shares, compared to its three month average trading volume of 3.03M. The San Francisco California 94105 based company has been outperforming the multimedia & graphics software companies by 10.236% for last three months and its recent gains have pushed the stock slightly up 9.79% YTD, versus the multimedia & graphics software industry which is up 19.49% for the same period. The RSI of 40.14 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, celebrity, sports, and simulation genre mobile games. It creates games based on its own brands, including Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, Tap Sports Baseball, and Tap Sports Football. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, Kendall and Kylie, Katy Perry Pop, James Bond: World of Espionage, Mission Impossible: Rogue Nation, and Sniper X With Jason Statham. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.